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Peruvian billionaire-backed SPAC aims to raise $250 million in U.S. IPO

By Reuters Staff 2 Min Read (Reuters) - A blank-check firm backed by Peruvian billionaire Carlos Rodriguez-Pastor is aiming to raise $250 million in its U.S. initial public offering, according to a regulatory filing on Tuesday. Excelsa Acquisition Corp, a special purpose acquisition company (SPAC), will target businesses across financial services, healthcare, retail, education, entertainment and consumer goods industries in Latin America. Rodriguez-Pastor, 61, also owns a big part of Intercorp ...
United States Shailesh Kuber Carlos Rodriguez Noor Zainab Hussain Thomson Reuters Trust Principles York Stock Exchange

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German firm Friedrich Vorwerk plans IPO to expand in hydrogen market

By Reuters Staff 3 Min Read FRANKFURT (Reuters) - German energy infrastructure firm Friedrich Vorwerk plans an initial public offering (IPO) on the Frankfurt stock exchange in the first quarter to accelerate growth in the hydrogen market, its biggest shareholder said on Monday. The company, a subsidiary of industrial firm MBB, aims to raise about 90 million euros ($107 million) from newly issued shares as well as shares from existing owners. The listing could value Friedrich Vorwerk at 800 mill...
Irene Vorwerk Torben Kleinfeldt Edmund Blair Vera Eckert Hauck Aufhaeuser Arno Schuetze

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